Badger Meters reported that its third-quarter income rose by 1.3 percent yesterday, as noted by the Business Journal. According to Badger Meter chairman, president and CEO Richard Meeusen, the disappointing result was caused by increased demands for Badger’s utility products and commercial water meters being balanced out by a slowing of demand for its industrial products.

According to the Business Journal,

Badger Meter (NYSE: BMI), based in Brown Deer, reported Wednesday that net